<ARTICLE> 5
<RESTATED> 
<MULTIPLIER> 1,000
       
                                                                       
<PERIOD-TYPE>                   12-MOS                   12-MOS                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-1996             JUN-30-1997             JUN-30-1998
<PERIOD-START>                             JUL-01-1995             JUL-01-1996             JUL-01-1997
<PERIOD-END>                               JUN-30-1996             JUN-30-1997             JUN-30-1998
<CASH>                                               0                   5,047                  13,771
<SECURITIES>                                         0                       0                       0
<RECEIVABLES>                                        0                   2,476                   2,612
<ALLOWANCES>                                         0                     365                     420
<INVENTORY>                                          0                       0                       0
<CURRENT-ASSETS>                                     0                 185,792                 351,172
<PP&E>                                               0                  11,954                  21,411
<DEPRECIATION>                                       0                   4,331                   7,453
<TOTAL-ASSETS>                                       0                 200,435                 376,009
<CURRENT-LIABILITIES>                                0                 185,751                 347,849
<BONDS>                                              0                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       3                       0
<COMMON>                                             0                       2                      17
<OTHER-SE>                                           0                   3,864                  26,729
<TOTAL-LIABILITY-AND-EQUITY>                         0                 200,435                 376,009
<SALES>                                              0                       0                       0
<TOTAL-REVENUES>                                13,863                  27,374                  46,317
<CGS>                                                0                       0                       0
<TOTAL-COSTS>                                    6,435                  13,659                  23,859
<OTHER-EXPENSES>                                 9,410                  18,829                  29,170
<LOSS-PROVISION>                                     0                       0                       0
<INTEREST-EXPENSE>                                 473                   1,190                     557
<INCOME-PRETAX>                                (2,386)                 (6,245)                 (6,517)
<INCOME-TAX>                                         0                       0                       0
<INCOME-CONTINUING>                            (2,386)                 (6,245)                 (6,517)
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                   (2,386)                 (6,245)                 (6,517)
<EPS-PRIMARY>                                   (4.91)                  (0.59)                   (.41)
<EPS-DILUTED>                                   (4.91)                  (0.59)                   (.41)